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LG decides not to release phones annually

It seems like we may no longer see annual smartphone releases from LG anymore. The Korea Herald reports that LG Electronics Vice Chairman, Cho Sung-jin stated during a press briefing at CES 2018 that the company will no longer set a regular timeline to launch smartphones. “We will unveil new smartphones when it is needed. But we will not launch it just because other rivals do,” said Sung-jin. The statement was in response to a question whether the company would launch the LG G7 smartphone.